Niftydirection

GAIL is going to sail wave 5

Long
NSE:GAIL   GAIL INDIA LTD
Gail looks to have come out of wave 4 and now making leading diagonal for starting wave 5.

Leading Diagonal chart as below

Upside potential of almost 60% expected targets near 230. One can look for lower target as well of 0.618 extension near 190.

Details of entry exits and targets as per charts.

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Technical analysis provided on the chart is solely the personal views of my research.
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Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
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Not recommended to take FnO positions based on this analysis

I may or may not trade this analysis. Details in description.
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